POINDEXTER NUT COMPANY , INC. · SELMA, CA · plan year 2024
Reported admin expense ratio · 2024
0.86%
Peer grade: D· admin costs + employer contributions vs same-size plans · how grading works
Poindexter Nut Company, Inc. reported $33,343 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $556 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 8 years on file its reported administrative ratio rose from 0.57% to 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,380th of 9,483), and 11,732nd of 13,661 in manufacturing. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has shrunk from 407 to 272 since 2016.
Plan summary
Net assets, end of year$4,021,029
Participants with balances296
Active participants272
Employer contributions$151,268
Employee contributions$205,306
Employer contribution per active participant$556
Average account balance$13,585
Benefits paid to participants$484,782
Plan auditUnmodified (clean) audit opinion
AuditorBAKER, CHI, & PARKEY ACCOUNTANCY
Plan history9
Yearassets · accounts · employer contribution
2024$4.0M · 296 accts · $151K emplr
2023$3.7M · 313 accts · $162K emplr
2022$3.1M · 324 accts · $175K emplr
2021$3.6M · 328 accts · $168K emplr
2020$3.2M · 330 accts · $162K emplr
2019$2.4M · 190 accts · $180K emplr
2018$1.8M · 285 accts · $147K emplr
2017$1.6M · 270 accts · $150K emplr
2016$1.2M · 212 accts · $124K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,043
Audit (IQPA)$9,300
Total administrative$33,343
The Poindexter Nut Company, Inc. 401(k) match · 2024
Employer contribution per active participant$556
Median for plans this size$1,313
2024$556 per active participant
2023$614 per active participant
2022$415 per active participant
2021$400 per active participant
2020$366 per active participant
Poindexter Nut Company, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
What these fees cost you
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Service providers · 20245
PENSION DESIGN, INC. · Recordkeeping · Loan processing$8,000
Source: U.S. Department of Labor, Form 5500 series, EIN 462070320 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.